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4340 San Gabriel Reno, NV 89502

3 Beds 2 Baths 1,634 sqft Built 1979

$405,000

List Price

$1,740

$1.6K - $1.9K

Rent Est.

PROPERTY INFO

November 27, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1979
  • Price/Sqft : $247.86
  • 4 Days on Market
  • MLS # : 200016247
  • Updated Date : 11/27/2020 at 07:38
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,634 sqft
  • Baths : 2 full
Listing Agent

Fontenot Real Estate Firm

Listing Agent's Description

Magnificent home in the Donner Springs neighborhood. The home's interior brings elegance & style. Come view today!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Donner Springs

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320k340kPrice in $102k347k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Donner Springs

NeighborhoodNIR Market*CityMarket2015Year2009 Q42019 Q21000110012001300140015001600170018001900Rent in $9911912

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Donner Springs Elementary School Primary Regular 685 35 5
Donner Springs Elementary School Middle Regular 685 35 5
Wooster High School High Magnet 1,734 84 6

Donner Springs Elementary School

  • Education Level: Primary
  • # of students: 685
  • # of teachers: 35
5
GreatSchools Rating

Donner Springs Elementary School

  • Education Level: Middle
  • # of students: 685
  • # of teachers: 35
5
GreatSchools Rating

Wooster High School

  • Education Level: High
  • # of students: 1,734
  • # of teachers: 84
6
GreatSchools Rating
 

$364,500$445,500$405,000

PURCHASE PRICE

$1,566$1,914$1,740

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,740
EXPENSES Loan Payment -$1,494
Property Tax -$411
Property Insurance -$62
Property Management Fees -$119
CASH FLOW
-$346

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 12% of earned rent to cover both maintenance and periods of vacancy.

$405,000

PROJECTED PRICE

$1,740

PROJECTED RENT

0.43%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 2.73%
Appreciation Year (1-5) 14.0%
Maintenance Year (1-5) 8.00%
Vacancy 4.08%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M

PROJECTED ANNUAL CASH FLOW

11530-$8.0k-$6.0k-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$113,075

INVESTMENT

$113,075

Down Payment
$101,250
Rehab Estimate
$5,750
Closing Costs
$6,075

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$1,494

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $101,250
Loan Amount $303,750
See What Happens When You Reinvest Cash Flow

1.58

YEARS SAVED

$4,394

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $0

    LIST RENT
  • $0

    LIST RENT PER SQFT
  • $1,863

    COMP ESTIMATED VALUE
  • $1.14

    COMP AVG. RENT PER SQFT
Comps Range
$0
1$02$1,5503$1,6004$1,695
$1,695
RENT COMPS ANALYSIS
  • 4340 San Gabriel Reno, NV 1
    • 3 beds 2 baths ∙ 1,634 Sqft ∙ Built 1979 3 beds 2 baths ∙ 1,634 Sqft ∙ Built 1979
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $0
    • $0.00
    •  
  • 1090 E Huffaker Ln #b Reno, NV 2
    • 3 beds 3 baths ∙ 1,395 Sqft ∙ Built 1974 3 beds 3 baths ∙ 1,395 Sqft ∙ Built 1974
    property image
    LEASED 10/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $1.11
    •  
  • 2796 Randolph Reno, NV 3
    • 3 beds 3 baths ∙ 1,412 Sqft ∙ Built 1985 3 beds 3 baths ∙ 1,412 Sqft ∙ Built 1985
    property image
    LEASED 03/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $1.13
    •  
  • 3505 Heron's Circle Reno, NV 4
    • 3 beds 3 baths ∙ 1,435 Sqft ∙ Built 1998 3 beds 3 baths ∙ 1,435 Sqft ∙ Built 1998
    property image
    LEASED 10/07/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $1.18
    •  
PROPERTY LISTING DETAILS
Alex Lopez-garcia
Fontenot Real Estate Firm
Trevor Steadman
1.866.250.5610
Mynd Property Management
1453579
Northern Nevada Regional MLS ( NNRMLS)
MLS #: 200016247
Last Updated: 11/27/2020
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